MARLBOROUGH, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) — IPG Photonics Company (NASDAQ: IPGP), a world chief in fiber laser expertise, and Miller Electrical Mfg. LLC, a number one worldwide producer of arc welding merchandise, at the moment introduced a strategic partnership with a objective to additional promote laser options for handheld welding purposes.
The mixture of IPG Photonics’ experience in fiber laser expertise and Miller’s intensive information of the distinctive wants of conventional welding strategies will convey ease of use, velocity and precision, reworking the hand-held welding course of.
Welding Innovation
IPG Photonics and Miller Electrical are famend for his or her unwavering dedication to innovation and are synonymous with high quality and reliability. The alliance will advance laser applied sciences for the hand-held welding market and reshape the panorama of welding instruments to supply welders with highly effective, environment friendly, and exact options that meet the calls for of recent welding purposes. The partnership will ship reliable options that welders can depend on for his or her important duties.
“We’re excited to embark on this partnership with Miller Electrical, because it permits us to pioneer new frontiers in handheld welding expertise. Our mixed experience will empower welders with next-generation laser options that redefine what’s potential in precision welding,” mentioned Trevor Ness, SVP Worldwide Gross sales and Strategic Enterprise Growth at IPG Photonics.
Business Transformation
This partnership will usher in a brand new period of handheld welding options, providing welders entry to next-generation laser expertise by understanding and addressing their distinctive wants, guaranteeing that options are personalized to go well with their particular necessities. Each firms convey distinctive experience to develop particular options to deal with buyer challenges, and collectively they may additional advance and convey to market merchandise that are simple to be taught and function whereas providing unmatched advantages.
“Miller has a wealthy historical past of driving developments in welding expertise. Teaming up with IPG Photonics represents a big step towards offering welders with state-of-the-art instruments that improve their capabilities,” added Dave Lambert, group president of gross sales and advertising and marketing at Miller.
About IPG Photonics Company
IPG Photonics Company is the chief in high-power fiber lasers and amplifiers used primarily in supplies processing and different numerous purposes. The Firm’s mission is to develop progressive laser options making the world a greater place. IPG accomplishes this mission by delivering superior efficiency, reliability and value at a decrease whole value of possession in contrast with different forms of lasers and non-laser instruments, permitting finish customers to extend productiveness and reduce prices. IPG is headquartered in Marlborough, Massachusetts and has greater than 30 amenities worldwide. For extra info, go to www.IPGPhotonics.com.
About Miller Electrical
Miller Electrical Mfg. LLC, leads the welding trade in constructing superior, solution-focused merchandise designed to fulfill important wants for welding purposes in manufacturing, building, aviation, agriculture, motorsports and different fabrication industries. With a legacy spanning many years, Miller Electrical continues to push the boundaries of what’s achievable in welding, incomes the belief of execs worldwide with merchandise that assist enhance productiveness and the welding surroundings in probably the most demanding purposes. Miller Electrical is headquartered in Appleton, Wisconsin, and wholly owned by Illinois Device Works (NYSE: ITW). For extra info, go to www.MillerWelds.com
Contact
Eugene Fedotoff
Senior Director, Investor Relations
IPG Photonics Company
508-597-4713
efedotoff@ipgphotonics.com
